July 6th, 2008
The local government of Cebu was received warmly by Austrian traders who showed great interest in investing and importing furniture from the province.
Cebu officials led by Gov. Gwendolyn Garcia were in full force during their visit to Vienna last month to present the province’s unique furniture business to the Austrian Chamber of Commerce.
â€œI really make this a point na dadalhin ko ang ating furniture manufacturers to open more market for the Cebu furniture industry our furniture is a world class,” Garcia said.
Garciaâ€™s group showed the audience the growing furniture industry in Cebu through a PowerPoint presentation.
â€œThis is a business matching session for the Cebu delegation with Mandaue Chamber of Commerce and Industries, the counterpart here in Austria is the Austrian Federation,â€ said Cebu Board Member Wenceslao Gakit.
Aside from Austria, the officials said they are also set to visit other countries in Eastern Europe.
The group hopes to establish more connections in other European countries like Slovenia, Slovakia, Croatia and Germany.
Tags: Austria, Austrian Chamber of Commerce, Austrian Federation, Cebu, Croatia, Easter, Eastern Europe, Europe, European, European co, Furniture, Furniture Industry, furniture maker, furniture makers, furniture manufacturer, furniture manufacturers, Germany, Gwendolyn Garcia, Mandaue, Mandaue Chamber of Commerce, of Commerce, Set, Slovakia, Slovenia, Vienna, Wenceslao Gakit
March 22nd, 2007
Germany’s furniture chain Asko has opened its first store in Budapest that it built from EUR 5 million. The company is planning to open eight additional stores in Hungary in the next three years, news portal index.hu has reported on Thursday.
Asko’s first store sprawls on 7,000 sqm in Budapest’s Savoya Park in the 11th district. Asko chose this location because it is the company’s expansion philosophy to set up its first unit in a mall that also sports a hypermarket.
Asko plans to spend EUR 40 million on eight new stores in Hungary in the next three years. Read more »
Tags: Austria, Czech Republic, Europe, European, Furniture, furniture chain, furniture retail, furniture retailer, Furniture Store, Germany, Hungary, Location, products, retail, Set, Slovakia, West
January 3rd, 2007
Research and Markets (http://www.researchandmarkets.com/reports/c47688) has announced the addition of World Furniture Outlook 2007: With Furniture Indicators for 60 Countries to their offering.
There is an increasing degree of openness in the furniture sector world-wide. The growth in world furniture trade has two determinants: the increasing openness of the markets and the growth in world consumption, which has also affected the developing countries since the mid-80′s, with the emergence of hundreds of millions of consumers with levels of spending similar to western ones. Developing countries are therefore potential customers for middle and upper-middle range furniture produced in industrial countries. Read more »
Tags: Africa, Area, Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Furniture, Furniture Industry, furniture product, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Kuwait, Latvia, Lebanon, Lithuania, Malaysia, Malta, mania, Mary, Mexico, national furniture, Netherland, Netherlands, New Zealand, Norway, Oman, Opening, Paris, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South, South Africa, South Korea, Spain, Sweden, Switzerland, Table, Taiwan, Thailand, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Vietnam, West
October 11th, 2006
Research and Markets has announced the addition of “World Furniture Outlook 2006-2007″ to their offering.
There is an increasing degree of openness in the furniture sector world-wide. The growth in world furniture trade has two determinants: the increasing openness of the markets and the growth in world consumption, which has also affected the developing countries since the mid-80′s, with the emergence of hundreds of millions of consumers with levels of spending similar to western ones. Developing countries are therefore potential customers for middle and upper-middle range furniture produced in industrial countries.
This report provides an overview of the world furniture industry with basic data (production, consumption, imports, exports) and scenario 2006/2007 for 60 furniture markets. The growth of furniture imports and the role of furniture exporting countries in the world marketplace are also considered. Prospects of world furniture trade in 2006/2007 and forecasts on the evolution of furniture markets in the 60 countries (selected according to their contribution to production and international trade of furniture) are based on the analysis of furniture industry dynamics and of macro-economic indicators. Read more »
Tags: Africa, Area, Argentina, Australia, Austria, Belgium, Brazil, Bulgaria, Canada, Chile, China, Croatia, Cyprus, Czech Republic, Denmark, Egypt, Estonia, Finland, France, Furniture, Furniture Industry, furniture product, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Korea, Kuwait, Latvia, Lebanon, Lithuania, Malaysia, Malta, mania, Mary, Mexico, national furniture, Netherland, Netherlands, New Zealand, Norway, Oman, Opening, Paris, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, South, South Africa, South Korea, Spain, Sweden, Switzerland, Table, Taiwan, Target, Thailand, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Vietnam, West
September 18th, 2006
The highly competitive office furniture market has seen little consolidation so far, but the myriad of small companies in the sector already see a positive effect from rapid office space development, especially in the regions outside Prague.
There are about 200 major office furniture suppliers on the Czech market, but small furniture suppliers, who offer made-to-order office furniture, constitute the largest portion. â€œAccording to our estimates, there are around 3,000 furniture producers in the Czech Republic,â€ said TomÃ¡Å¡ LukeÅ¡, secretary general of the Association of the Czech Furniture Manufacturers (AÄŒN), noting that data on the exact number of active producers is unavailable. Various sources put the number between 2,500 and 4,000. Major players in the Czech furniture market include Ahrend, Interior PFD, Techo, Steelcase, Vitra Koncept and Samas ÄŒeskÃ¡ republika.
The market is healthy with net sales and exports both on an upward trend. The production of wooden office furniture grew to KÄ 1.38 billion (E 48 million) last year from KÄ 1.26 billion in 2004. Metal office furniture production recorded a similar increase to KÄ 1.27 billion from KÄ 1.15 billion on the year. The Czech Republic exports more office furniture than it imports, and last year imports recorded a slight decrease. On the year, the export of wooden and metal office furniture rose last year to KÄ 721 million and KÄ 594 million, from KÄ 610 million and KÄ 500 million, respectively. Imports dropped to KÄ 312 million in 2005 from KÄ 314 million for wooden office furniture, and to KÄ 243 million from KÄ 248 million for metal office furniture in 2004.
While there are no results available for this yearâ€™s market, thereâ€™s no indication that the there will be a drop in production, according to AÄŒNâ€™s LukeÅ¡. Ahrend, for example, has witnessed increased demand. â€œWeâ€™ve already exceeded last yearâ€™s results,â€ said Helena KudlÃ¡ÄkovÃ¡, customer support team leader at Ahrend, adding that the company expects a â€œbigâ€ increase in revenues this year, declining to give specific figures. Last fall Ahrend acquired a 75 percent stake in its rival, Techo, and became the leader in sales on the CEE market. Both brands continue to operate on the market, and the two companies seek to complement each other, with Ahrend offering luxury furniture and Techo catering to mass demand. Read more »
Tags: America, bank, Czech Republic, Ergo, Furniture, furniture manufacturer, furniture manufacturers, furniture producer, furniture producers, furniture product, Internet, Latvia, MÃ, metal, metal office furniture, Money, MYR, Office Furniture, office furniture suppliers, online, online shop, online shopping, Slovakia, Small, South, steel, Steelcase, Table
July 27th, 2006
When it comes to answering the question, â€œWhat is your favorite color?â€ Americans may shift from past preferences, according to Christine Chow, Director of Membership for the New York-based Color Association of the United States.
In a July 25 seminar sponsored by World Market Center and Furniture Style magazine during this weekâ€™s Las Vegas MarketSM, Chow talked about style trends that impact which colors will be hot in the coming years: Asian influences, new traditionalism and elements taken from nature.
â€œWe are in the midst of a decade where Americans have finally embraced true color: bright colors, multi-colors,â€ Chow said, â€œBut where do we go next?â€ she asked. Read more »
Tags: America, Area, Arts, Asia, Bath, Century, Color, Color Association, Design, Design Gallery, Easter, Elegant, Europe, European, Furniture, Furniture Style, Grand, Green, India, Indonesia, Japan, Laine, Las Vegas, Manhattan, metal, MYR, New York, Oman, Orange, Philippines, products, Set, Slovakia, Small, Thailand, The Fashion, United States, World Magazine, World Market Center
April 25th, 2006
Vietnamese furniture exports fetched over half a billion dollars in the first four months of 2006, a 7 percent year-on-year increase, said the Ministry of Agriculture and Rural Development.
Industry experts hope that furniture export revenue would exceed the US$2 billion mark by yearâ€™s end.
The European Union market, projected to remain on a healthy development track with increasing demands for second and third quarters, bought up $150 million in furniture made-in-Vietnam.
Furniture export companies should scale up trade promotion, notably in the untapped EU markets such as Latvia, Slovenia and Slovakia, experts said.
Vietnamâ€™s furniture exports quoted a record US$1.4 billion last year with US and EU as its main customers.
Source: Vietnam News Agency
Tags: Europe, European, European Union, Furniture, Latvia, Ministry of Agriculture, Project, Slovakia, Slovenia, Small, United States, Vietnam, Vietnam News Agency
March 6th, 2006
Research and Markets (http://www.researchandmarkets.com/reports/c33958) has announced the addition of The Furniture Industry in the European Union (Volume II): EU Enlargement Countries + Bulgaria, Croatia, Romania, Serbia, Ukraine to their offering.
This report offers a comprehensive picture of the furniture sector in Central and Eastern Europe, providing trends in furniture production, furniture consumption, furniture imports and exports in Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine. Factors determining the demand for furniture are examined, as well as furniture distribution channels and furniture prices.
For each country the furniture supply structure is analysed, with data on furniture companies and employment. Profiles of the main furniture manufacturers and distributors, with turnover, production facilities, employees, exports and product mix, are provided. Read more »
Tags: Alyse, Arts, Bedroom Furniture, Bulgaria, covered products, Croatia, Cyprus, Czech Republic, D Sokratous Ltd, Dining Room Furniture, Easter, Eastern Europe, Estonia, Europe, European, European Union, Furniture, Furniture Industry, Furniture Ltd, furniture manufacturer, furniture manufacturers, furniture product, Home Furniture, Hungary, Jarocinskie Fabryki Mebli SA, Kitchen Furniture, Latvia, Lithuania, Living Room Furniture, machinery, machinery imports, main semi-finished wood products, Malta, mania, Mary, Merx Mebli, metal, mining, Office Furniture, Oman, Opolskie Fabryki Mebli Opole, Poland, Price, products, Queen's Furniture Ltd, Romania, room furniture, semi-finished wood products, Serbia, Slovakia, Slovenia, Ukraine, Wielkopolskie Fabryki Mebli SA, wood products, Zielonogorskie Fabryki Mebli Zefam SA